A Fedex cargo airplane last year. (johan ordonez/AFP/Getty Images) FedEx said it incurred $25 million in additional costs in November after last month’s UPS cargo plane crash led to the grounding of ...

UPS and FedEx said on Friday they have grounded their combined fleet of more than 50 McDonnell Douglas MD-11 cargo planes following a crash in Louisville, Kentucky this week that killed at least 14 ...

UPS and FedEx announced that they temporarily grounded their fleet of McDonnell Douglas MD-11 cargo planes after a crash in Louisville, Kentucky on Tuesday at the city's international airport ...

(The Hill) – FedEx and UPS on Friday announced a temporary ground stop for fleets of McDonnell Douglas, or MD-11, cargo planes following a deadly crash in Louisville, Ky., earlier this week that ...

The Federal Aviation Administration has ordered all McDonnell Douglas MD-11 aircraft grounded pending further inspection, following UPS and FedEx each deciding to ground the planes that make up part ...

UPS and FedEx said they are grounding their fleets of McDonnell Douglas MD-11 planes “out of an abundance of caution” following a deadly crash at the UPS global aviation hub in Kentucky. The crash ...

FedEx (NYSE: FDX) and UPS (NYSE: UPS) may see near-term earnings pressure as grounded cargo aircraft reduce capacity during peak holiday demand. Forced reliance on alternative carriers, including the ...

The Federal Aviation Administration on Saturday ordered MD-11 and MD-11F aircrafts to be grounded as authorities investigate the deadly UPS plane crash in Kentucky. The emergency airworthiness ...

Boeing, the plane’s manufacturer, said it had recommended the grounding as a precaution while it conducts further analysis. By Francesca Regalado and Qasim Nauman UPS and FedEx, two of the world’s ...